Bwahaha! McCain Needs To Stop Talking About Economy. Major Gaffe on SIPC

[berni_mccoy]

http://thinkprogress.org/wonkroom/2008/09/16/mccain-sipc-wrong/

McCain Gets Both Acronym And Purpose Of SIPC Wron
Our guest blogger is Andrew Jakabovics, Associate Director for the Economic Mobility Program at the Center for American Progress Action Fund.

Sen. John McCain (R-AZ) demonstrated again today that he was telling the truth about not knowing much about the economy. For a man concerned about protecting the average American from Wall Street greed, he seemed not to know who plays what role.

During a speech today in Tampa, FL, McCain repeatedly referred to the Securities Investor Protection Corporation, the corporation that “return(s) customers’ cash, stock and other securities” if a brokerage goes bankrupt, and is known as the SIPC as S.P.I.C.

Video and more at the link!

:rofl:

[Wetzelbill]

1. that and he keeps mixing up "excess" and "access"

when he talks about greed. Good lord, somebody give this guy the hook.

[JuniperLea]

2. Even if you give him the benefit of the doubt...

Even if he simply misspoke or 99.9% of us misunderstood his word choices on the "fundamentally sound" economic bit... this loser makes too many damn mistakes, for whatever reason!

[nickyt]

3. Seems like the dude needs to just quit talking, period. Crikey.